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Title: A monopsony's marginal worker has a marginal revenue product of $12 an hour and a wage of $8. A ... Post by: SebKom on Nov 14, 2017 A monopsony's marginal worker has a marginal revenue product of $12 an hour and a wage of $8. A minimum wage of $10 will have which of these effects?
A) decrease the average hourly cost of a worker B) decrease the marginal hourly cost of a worker C) increase the marginal revenue product of the marginal worker D) increase the firm's average profit per worker Title: Re: A monopsony's marginal worker has a marginal revenue product of $12 an hour and a wage of $8. A ... Post by: thanhtanrx789 on Nov 14, 2017 Content hidden
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